Goa: First the good news. The much-awaited review of the Defence Procurement Procedure (DPP) Policy has been approved by the defence minister Manohar Parrikar. Today, at 9 am, DPP 2016 was uploaded on the department of defence production’s website. The printed copy will be available in about 15 days. Saying this in his inaugural speech, Parrikar assured the representatives of the global OEMs, sweating it out in the Goan heat, wiping red dust from their faces that their concerns have been taken into account, especially with respect to offsets.
To be fair to Parrikar, before tormenting the guests at the inaugural site with his vision for India and expectations from DefExpo 2016, he apologised; twice. Once for the 30-minute delay in the inauguration ceremony; and then again for making the people sit in the open air in sweltering heat. ... read more